3 Ducks Demo journal

mentormeplease · Jan 20, 2012, 1:15am

EURGBP and EURUSD were lined up again. I saw it too late but it would have been a bit contradictory for me to take it as the same reasons for not taking it yesterday should still apply. Lets see what happens again today.

mentormeplease · Jan 20, 2012, 2:21am

Quote:

Originally Posted by mentormeplease

EURGBP and EURUSD were lined up again. I saw it too late but it would have been a bit contradictory for me to take it as the same reasons for not taking it yesterday should still apply. Lets see what happens again today.

Would not have been a good trade to get into anyway due to the German producer prices being released just now. Better to wait for the news.......

mentormeplease · Jan 20, 2012, 3:48am

SL hit at 1.5474
Balance $6389

mentormeplease · Jan 20, 2012, 3:50am

Quote:

Originally Posted by mentormeplease

EURGBP and EURUSD were lined up again. I saw it too late but it would have been a bit contradictory for me to take it as the same reasons for not taking it yesterday should still apply. Lets see what happens again today.

Not the best of trades as the 1.5500 level seems to be a bit of a pivot point looking at the longer term charts. Strong resistance at this level was also shown on the 10/01/2012.

mentormeplease · Jan 23, 2012, 2:03am

EURAUD lined up for a short. Order filled at 1.22932
SL: 1.2314
TP: 1.2253
Following the 20 pip sl and 40 pip tp startegy.

mentormeplease · Jan 23, 2012, 2:22am

AUDUSD also lined up and what makes it stronger is the daily close above the long term resistance on friday. But as I'm already in EURAUD trade, I don't want to expose too much in AUD so I'll pass on this.

mentormeplease · Jan 23, 2012, 3:19am

SL hit at 1.2314
Loss = $415
Balance: $5973

mentormeplease · Jan 23, 2012, 5:51am

Quote:

Originally Posted by mentormeplease

AUDUSD also lined up and what makes it stronger is the daily close above the long term resistance on friday. But as I'm already in EURAUD trade, I don't want to expose too much in AUD so I'll pass on this.

Guess these things happen. AUDUSD took of and would have hit TP.

Jan 20, 2012, 1:15am	#89
mentormeplease Senior Member Member Since May 2011 111 Posts	Re: 3 Ducks Demo journal EURGBP and EURUSD were lined up again. I saw it too late but it would have been a bit contradictory for me to take it as the same reasons for not taking it yesterday should still apply. Lets see what happens again today.

Jan 20, 2012, 3:48am	#91
mentormeplease Senior Member Member Since May 2011 111 Posts	Re: 3 Ducks Demo journal SL hit at 1.5474 Balance $6389

Jan 23, 2012, 2:03am	#93
mentormeplease Senior Member Member Since May 2011 111 Posts	Re: 3 Ducks Demo journal EURAUD lined up for a short. Order filled at 1.22932 SL: 1.2314 TP: 1.2253 Following the 20 pip sl and 40 pip tp startegy.

Jan 23, 2012, 2:22am	#94
mentormeplease Senior Member Member Since May 2011 111 Posts	Re: 3 Ducks Demo journal AUDUSD also lined up and what makes it stronger is the daily close above the long term resistance on friday. But as I'm already in EURAUD trade, I don't want to expose too much in AUD so I'll pass on this. Last edited by mentormeplease; Jan 23, 2012 at 3:22am. Reason: Typo

Jan 23, 2012, 3:19am	#95
mentormeplease Senior Member Member Since May 2011 111 Posts	Re: 3 Ducks Demo journal SL hit at 1.2314 Loss = $415 Balance: $5973

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